Texas Bank Statement Loans

Bank Statement Home Loans in Schleicher County, TX

Self-employed? Qualify using 12–24 months of bank statements instead of tax returns. We count your real deposits — not your write-offs. See your qualifying income in 60 seconds.

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Self-employed home loans across Schleicher County

If you run a business, contract, or freelance in Schleicher County, a conventional lender's reliance on tax returns can work against you. Bank statement loans count your actual cash flow — often 50% of business deposits or 100% of personal — to get you qualified. Many borrowers buy now and refinance into a conventional loan once their tax picture strengthens. Whether your business is in Eldorado or elsewhere in Schleicher County, we can turn your deposits into buying power.

Schleicher County at a glance

In Schleicher County, the median household income is about $68,029 (2024). For business owners here, qualifying income comes from 12–24 months of deposits — often enough to comfortably reach the local price point.

Who qualifies in Schleicher County

From Eldorado to the rest of Schleicher County, the program is the same: deposits in, qualifying income out, no tax returns required. See your number in about a minute.

Realtors: qualify on your commissions

Agents deduct heavily — mileage, marketing, MLS dues, splits — so the net income a conventional lender sees rarely reflects real earnings. Bank statement loans count your commission deposits, and 1099 loans count 90-100% of your gross 1099 — two clean paths to the home you've been selling everyone else.

A bridge to a conventional refinance

Many borrowers use a bank-statement loan to buy now, then refinance into a conventional loan later once two years of stronger tax returns are on file. You get the home today and keep the door open to a lower rate down the road.

1099 loans for contractors and gig workers

If most of your income arrives on 1099s, a 1099 loan may beat a bank-statement loan — lenders can count roughly 90–100% of your gross 1099 earnings, rather than discounting business deposits by half. It's built for freelancers, consultants, and independent contractors.

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Frequently Asked Questions

Can I buy an investment property?

Yes. Bank statement and DSCR loans can finance primary homes, second homes, and investment properties. Note Texas caps cash-out refinances on a primary residence at 80% of value.

What credit score do I need?

Many programs start around 620–660. A higher score unlocks better rates and lower down payments, but strong, consistent deposits carry a lot of weight too.

Should I use 12 or 24 months of statements?

Both are accepted. Twelve months is faster; 24 months usually produces a more accurate, stronger income figure — especially if your business is seasonal or your monthly deposits swing up and down.

How much down payment do I need?

Most bank statement programs start around 10%, with stronger pricing at 15–20%+. A larger down payment can offset a lower credit score or thinner deposit history.

Can I finance a barndominium with a non-QM loan in Texas?

Texas is one of the friendliest barndo lending markets anywhere. Portfolio and non-QM lenders finance completed barndominiums when comparable sales support the appraisal; construction usually runs through a construction-to-permanent loan.

Can I refinance with a bank statement loan?

Yes — you can refinance to lower your rate or take cash out, subject to Texas's 80% cash-out limit on a primary residence.

Schleicher County business owners — get pre-qualified

Free, no-obligation. See what you qualify for in about a minute.